Warren Buffett says Greg Abel should take over as Berkshire Hathaway CEO by year’s end

Quick Summary:

"I think they'll be unanimously in favor of it, and that would mean that at year-end Greg would be the chief executive officer of Berkshire and I would still hang around".

He was confirmed as Buffett's eventual successor in 2021.

After the announcement, he said, "That’s the news hook for the day, thanks for coming,” and received an extended standing ovation from the audience.

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Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United States

Topics: Chief executive officer (CEO) Succession Warren Buffett

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 18:18:50 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 94 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28338729

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Official Website: fortune.com

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